About your Search

20121202
20121210
STATION
CNBC 19
FBC 16
MSNBC 6
MSNBCW 6
CNNW 5
KRON (MyNetworkTV) 5
KPIX (CBS) 3
KQED (PBS) 3
KTVU (FOX) 3
CNN 2
KQEH (PBS) 2
KRCB (PBS) 2
WBAL (NBC) 2
WJLA (ABC) 2
CSPAN2 1
( more )
LANGUAGE
English 85
Search Results 0 to 49 of about 85 (some duplicates have been removed)
and see what happened with the bankruptcy when the federal government got involved. the cfo lost their jobs from the board of directors lost their jobs, and there are restrictions to the money coming in. so the federal government. the city of detroit knows what the problems are. the question is do we have the political will to make the difficult decision. gerri: that is where i want to go next. the track record here -- the track record here is not good. we have years of overspending. it is incredibly embarrassing stories, the previous mayor usinggan airplane at his own leisure to do personal travel. we have just a terrible financial track record. per capita income at 25,000 below the u.s. average. detroit employment is 18%, almost 19%. does the city council -- does the city management have it under control? have you guys just lost control? >> we certainly have it lost control. we have it under control. but we have our issues. but we are not falling off into the detroit river. the community is doing well. the business community, the corporate community and the city of detroit. we
be back. even i can figure that one out. here is the mint said starter collection a regional government packaging and you have it on price break this morning. this is a huge set . >>guest: e have done a price break on this and we do not have very many of these. >>host: i want to let everyone know, we have over a hundred of those and that can sell within this presentation but we do have 40 years of the proof from 1960-2000.this is a holiday pricing. we took $200 off of this. >>guest: extremely limited, we have about 60 of those left. >>host: a lot of the offers we have to with you this morning are extremely+ when you see if you want to see them underneath the christmas tree, hear with quinn collector, we do have the extended return policy, and took in three 31st and that is a great opportunity. that is what happened out and the cleaner world. >>host: this is the independence half dollar $129.953 flexible payments3 of4 in this is a historical claim. >>guest: the never presented this. and this is from this is a brilliant uncirculated, this is the centennial, and this is the 150t
in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie windsor who married her partner in canada. the partner died and left edie the estate. the federal government said we can't recognize you as married.
economy but could be more like a race horse if the government gets out of the way. find out how much stronger we could be. >> floodwaters rise. business and the stock have taken advantage of these floods we are seeing. so many people suffered but there are businesses that will take advantage of this. jeff flock taking us inside this facility's manufacturing warehouse coming up next. >> it is hard to get in there. [ male announcer ] ths is steve. he loves risk. but whether he's climbing everest, scuba diving t grt barrier reef with sharks, or jumping into the marke he goes with peop he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fas
's middle class. so i think it all is positive sentiments. the government is pumping more money, drive the infrastructure development. and i think that in the medium term over say the next couple months, the losses should be much better. >> all right. andrew, thank you. stick around. we'll come back to you you and talk more about the luxury sector. nick has views, as well, on the chinese stock market. speaking to cnbc a day after delivering his autumn statement in parliament, he said the budget plan would continue to attract investment to the british dealt markets. >> we have to get a control on spending. that's why i'm operating benefits by less than the rates of inflation. it's forecast to continue to fall, so we are making progress. britain started with a large deficit, but we're getting it down. >> you've drawn criticism about the lack of supporting growth. when will we see measures that booth the long term growth of the economy. >> i think you see two sorts of measures. big structural reforms to education and welfare, but also yesterday changes to our tax regime. so we now have on
widespread, two emergency shelters turned into death traps. >>> a new government climate report warns that flooding from future storms will likely get worse. thanks to sea levels rising faster than ever. scientists say global sea levels will rise 8 inches and 6 1/2 feet by 2100. since 1992,the levels rose half an inch. 8 million americans live in areas prone to coastal flooding. so learn how to swim everybody. >> temperature warms up. glaciers, ice caps melt. sea levels go up. >> wear a life preserver at all times. >>> here is a look at your weather now on this friday. showers in the midwest. and northeast. wet at time from the carolina coast done through florida. a few inches of snow in the dakotas, minnesota, wisconsin. heavier snow in the rockies and cascade. >> 40s from seattle to salt lake city. 53, colorado springs. 23 in fargo. 40s from omaha to new york. >>> here is one that brings to mind the phrase -- what are they going to think of next? an inventer in or gun has done something, come up with tt -- the doggy doorbell. >> ah, the brain child of keith gin who says he came up w
detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be se
-poohing government's role in provision nutrition for kids. i shot back at her, we had a couple exchanges and finally i said why don't we both live on food stamps. i went to bed not thinking much of it and got up the next morning and it had spread through the social media world, and was a bigger story. i called my staff and said we're doing this. >> you were on day four of this. this is the exact pile of food that you got. >> yes. >> what is interesting to me, you spent $29.78 on this, but when we tried to match it around here, in new york, we had to spend $57.37. >> right. >> implying that the government rate, if you like, for this food is clearly based right at the lowest possible level and may not be even possible for many people onn efood stamps. >> that's what we want to highlight. you have people who live in nutrition and food deserts who don't have access to fresh, healthy foods. i'm very lucky, i live a mile away so i walked to the superintendent. many people can't get in their car and go to the supermarket. we're trying to see not just what the challenges are living on this amount of money,
, and like to. the government takes, and attorneys say what to do to avoid it. first, christmas music from mark stein, i don't know why my picture is up there. that's mark stein and he's singing, not me. ♪ male announcer ] at scottrade, you won't just find us online you'll also find us in person, with dedicated support teams at over 500 brancs nationwide. so when you call or visit, you can ask for a name you know. because personal service startwith a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >> detroit, we're told, is on the verge of bankruptcy, but one member of the city council thinks the president should step in and lend a hand, otherwise known as a bailout. yeah, let's call it what it is, a bailout, a call for a bailout from the obama team. city council member joan watson said yesterday, we voted for you and now give us a quid pro quo, why not? roll the tape. >> and our team in an overwhelmingly supported the reelection of this p
this issue. i would say that he should know more about economics. after certain points, the government raises less money by increasing the tax rate. if the tax rate were 100%, liz, how much money would the government raise? 100% of zero because nobody would go to work if the government confiscated everything. at some point, if the taxes increases and it turns out most analysis, most economists agree that that rate is about 30%. up to 30%, the government raises or money by having a tax of 30%. liz: you are a very large shareholder, if not the very largest, you are saving about $690,000 on your tax bill as well. that gives people a sense of how much money could possibly be saved. in 2015, will you start paying dividends again? >> i cannot decide. it is not just up to me. we will take a look at that and see what the story is. our goal is to reward shareholders. there are other ways to do that by buying shares back, increasing earnings per share, decreasing numbers of shares. we always will take care of our customers, that is what we do and that is why we are% successful. liz: thank you for comin
but this week surfaced in guatemala to seek asylum. he says he is the victim of a government conspiracy in belize. >>> i had to leave but the story has to get out. i have documentation that proves the intense corruption at all levels of the belizian government. now that i'm in a safe place, i can speak freely. >> mcafee still may face deportation though back to belize. >>> the egyptian army now has tanks outside the presidential palace in cairo amid worsening clashes between protestors and supporters of the syrian government. overnight, violence killed five people and injured more than 600 others. mohamed morsi critics began protesting two weeks ago when the president gave himself unrestricted power. >>> an norms u.s. official says secretary of state hillary clinton plans to meet with russian diplomats and a u.n. peace envoy for syria. the civil war ramped up in recent days with violent attacks and the u.s. fears syria's leader bashar assad is closer to using chemical weapons against anti-government rebels. >>> a new warning about a baby recliner titled to several infant deaths. >> plus
place in government. >> including at a federal level? >> including at the federal level. that's what elections are. collective bargaining. >> house democratic leader nancy pelosi pointed out jim demint was one of the ringleaders in voting down the u.n. treaty for people with disabilities this week. >> that was one of the saddest days, so anyone who was a party to that, well, i wish them well wherever they are going and hope that we can have more of our values represented there. >> it was demint and his tea party allies who pushed the country to the brink of default back in 2011. this is what demint told abc news about republicans who tried to strike a debt deal. >> what happens if -- what happens to republicans who go along with a debt ceiling increase? if they go along with the debt ceiling increase without a balanced budget amendment and the kind of stuff you're talking about? >> i think for the most part they're gone. it would be the most toxic vote we could take. >> demint's far right ideology is a key reason nothing gets done in this congress. house speaker john boehner is curre
% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so the 30 in the gdp accounts is 120. they'll multiply it by four on the dividends income. it's quarter to quarter change at an annualized rate. so it's times four. there is the marginal propensity of those people to ge
: we have been talking about the next great government bailout. saving the federal housing administration. connell: heading up amazon for a billion dollars in back taxes. connell: stocks now every 15 minutes. we are watching apple today. nicole: it was down over 20% from highs of september. take a look. it is in the green. everybody has been focusing on powerful so much lately. obviously, so when he issues. ipods losing market share. iphones just not doing that well in china. there it is. back in the green. let's take a look at the major market averages. the dow jones industrial average is up. the nasdaq is also in the green, as well as, the s&p 500. daaen: thank you. connell: dan had injured reporting that he will be leaving his post next month. >> the opportunity presented itself. this was the moment to either take this job or not. i think he felt with the senate transitioning into a new year this was the moment to make the move. he took it. connell: it would have been a six year term. this is early. >> it is a reflection of the frustration. i think it probably would have
note this morning way to raise government revenues in terms of negotiating power. long-term growth with high income taxes and on the downside the least harmful consumption tax and property taxes. is anybody listening to this? >> we just put this out. we like to get congress focus on doing the least amount of harm while they raise revenues of some sort. you can do through asset sales, develop kind of things thee3 government owns and does not own. a lot of things in terms of oil leases and about a trillion dollars worth of mineral rights the government can sell off rather than raising taxes. they can equate government workers to pay more towards the health insurance and pensions, that would be a good thing and raise revenues. there are lots of ways to raise revenues without doing harm to the economy. lori: i have got to interrupt you here, why is the president so insistent upon raising tax rates for the wealthy? if you are point we don't necessarily have to do that to get meaningful revenues. melissa: it seems like religious or political on is part. this is a matter of an article of
government goes in there and raids these clubs. if the state is a player, the feds largely are hands-off. >> help me out here. so in washington state and colorado, it's not only legal toto i am bible or to smoke. right? but it's legal to grow? >> it's legal to grow in colorado. washington state does not allow home-grown cultivation. >> they are importing it from where? >> it will be grown in washington in cultivation centers. >> i see but not at home? >> you can grow up to six plants at home in washington. >> in colorado? >> yeah. >> and then you can legally sell it and the state gets a sales tax. >> that's right. in one year because they have to put the regulations out, promulgate them and fight and all, but more or less a year from now people will be able to go into these places like you and i can get alcohol and tobacco on and caffeine and use it possibly in a private setting. you can't use it like in a coffee-shop setting like in amsterdam. >> by the way, i was in amsterdam 10 days ago. i looked for one of those damn pot coffee shops. carol and i
to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m
surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a movement. you have to hire eventually. now you could say people are not looking for work, come on. look, jobs are here. they can -- it can be just easily reversed if you have no idea what is the future because of washington. >> given the data points that we've had in terms of claims numbers that did reflect an impact from sandy, they said 85,000 jobs or 86,000 jobs were sliced because of impact of sandy. average hours worked unchanged. doesn't that -- i don't know -- doesn't that bring into question a little bit the participation in the survey. how can i
that syria's government is preparing chemical weapons for possible use. >> secretary of state clinton is holding an unscheduled meeting in ireland with the special envoy to syria. it is a sign that russia may be switching sides to put pressure on syria to stop the fighting. margaret brennan is in dublin covering those talks. good morning, margaret. do you think this is a sign of a diplomatic breakthrough? >> reporter: norah, it's a sign of a possible diplomatic breakthrough. u.n. envoy to syria is flying here to dublin for this last-minute meeting with secretary of state hillary clinton and the russian foreign minister. it may signal that russia is finally willing to take u.n. action to send a message to bashar al assad to stop the killing. russia one of syria's few remaining allies and so far have agreed to any interactions to stop the killing of thousands of people. >> charlie rose here. the reporting that they're mixing the ingredients for chemical weapons influence what the russians may be doing? >> reporter: the russian foreign minister says that the outside
revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue the trends is getting better. as jim pointed out, we need some clarity on the outlook, and the cliff is very important. if we go off the cliff, even if that number had been 250, the numbers still would weaken next year. >> jim, you have to make money in the meantime. where do you put your money? where are you putting money to work right now? >> well, i'm pessimistic. i share austin's view that i think we're going to go off the cliff and push this thing to february with the debt ceiling bill. as that reality comes in, the market is going to continue to struggle. i would avoid risky assets right now. i'd play s
's government is preparing chemical weapons for possible use. >> meanwhile, secretary of state hillary clinton is holding an unscheduled meeting in ireland with russia's foreign minister and the u.n. special envoy to syria. a sign russia may be switching sides to put pressure on syria to stop the fighting. in dublin covering talks, margaret, good morning. do you think this is a sign of a diplomatic breakthrough? >> reporter: norah, the sign of a possible diplomatic breakthrough. flying here to dublin for a last-minute meeting with secretary of state hillary clinton and the russian foreign minister. it may signal that russia is finally willing to take u.n. action to send a message to bashar al assad to stop the killing. one of april saud's few remaining allies and so faro posed action to intervene the crisis that killed nearly 40,000 people. >> margaret charlie rose here. has the report that david martin has, the story that david martin has reported that they're mixing the ingredients of chemical weapons influenced what the russians may be doing? >> reporter: well
the government, but soon they could face a weapon even deadlier than any they've seen so far. cnn's pentagon correspondent barbara starr is joining us with the latest new threat on the possible use of chemical weapons. >> reporter: wolf, the challenge is for the obama administration to figure out exactly what bashar al assad is up to with his deadly arsenal. the horror remains unspeakable. 25 years ago saddam hussein unleashed one of the worst poison gas attacks in history. thousands were killed. now, in syria, u.s. concerns are growing by the hour that bashar al assad may be planning the same thing against his citizens. >> the intelligence that we have raises serious concerns that this is being considered. >> reporter: u.s. intelligence shows syria has mixed chemical compounds needed to make a deadly agent that can quickly kill thousands. >> the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction in syria. and this may be the last warning we get. >> reporter: the u.s. is not precisely saying what the syrians are doing, but there are two way
is taking its toll on maryland and virginia's governments. in maryland, state leaders say they can't make decisions on budget plans until they see how the fiscal cliff negotiations turn out. in virginia, governor bob mcdonnell says some of the cuts to state agencies recommended to him will appear in his budget even if congress and the white house reach a deal to avert the fiscal cliff. >>> a developing story out of north korea. the country may set off a long range rocket as early as this monday. that's according to media reports in south korea. the rocket is reportedly being fueled, but heavy snowfall may have slowed down preparations. north korea wants to launch what it calls a peaceful satellite sometimes before november 22nd. the u.s. believes the rocket is a cover to test missile technology. >>> president obama is speaking out against ongoing unrest in egypt. he has called egyptian president mohamed morsi to express concern about recent protests that have resulted in numerous deaths and injuries, calling the violence unacceptable. president obama did welcome morsi's call for talks wit
, it is yours. connell: the war on wealth is where we begin today. dagen: get the government out of the markets. connell: the devil wears -- becoming our next ambassador to britain. dagen: holiday travelers paying up. the average ticket price topping $450. connell: everyone needs a few days off. it is the top of the hour. we will go to nicole petallides. good morning. nicole: good morning. let's take a look at what is going on here. let's take a look at jardin restaurants. it turns out they are not meeting the analyst expectations. let's take a look at the stock. it is near its lows of he day. their earnings will miss the analyst estimates. same-store sales dropping 3.2%. as a result, sales have diminished. how about the major market averages? the dow is higher, but the s&p and the nasdaq are lower. dagen: republicans finally pulling off their own plan to deal with the fiscal cliff. connell: the white house predictably saying, no deal. the parameters are there now. we can start to imagine what a deal may look like. >> i think that is right. they have been adamant in saying we want more revenue
for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make sure americans feel like they can retire with dignity. >> i want to make sure we're talking about apples and apples here, which is so hard in this discussion. the $800 billion which the republicans put forward, which would be a cap on deductions, how does that compare with how far the information is prepared to go when it comes to raising revenue from capping deductions? >> we don't actually know what the republicans think they can do in that context yet, because they haven't told us how they would propose to raise the $800 billion. we don't know whose taxes would go up. we don't know the mixes of rates and limitations they would support. we think there's a good case as part of an agreement alongside a tax increase on the wealthiest 2% of americans. we think with that mix of rates and deductions, we can reach agreement on something that's very good for the country. >> do you have a number? is there a number that the administrat
and leadership to get our fiscal house in order. we cut the size and cost of government, and we focused on jobs in ways we can make iowa more competitive. there's a two year budget with a five year projection. i insisted it would stop the bad budgeting practices using one time money for ongoing expenses, and it was a tough battle, but we got the legislature with a democratic senate and republican house to pass essentially a two-year budget, and we spent just 97% of revenue, even though by law we can go to 99%, we restored the cash reserve in the economic emergency account. the state of iowa in the strongest fiscal position it's been ever. i'm proud of what we accomplished and looking forward to making progress this year reducing property taxes for all property tax classes in our state. david: great progress. so have the citizens of ohio, wisconsin, and you can mention individual states that have done well in getting -- >> indiana, michigan. david: that stands in stark contrast to what's happening inside the beltway. even one of your own, harkin, the united states senator from the great state of
the private sector, not all government all the time. that's the story. aw austan, i'm sorry, i really am out of time. thank you, sir. more "varney & company" in a moment. >> a strong earthquake hit the coast of japan in the same region where the fukushima plant was devastated last year. no tsunami waves this time around. 7.3 magnitude quake and shook buildings more than 200 miles away in tokoyo, a tsunami warning has now been called off. we've been reporting this for months here on "varney & company." gun sales, they are absolutely booming. and now, smith & wesson, the gun people, they made a profit and they raised their outlook and the stock is going to be up come that opening bell. charles,you're buying gun stocks? >> i've got to it will you, i wanted to feature this on making money for charles segment and sandra smith was covering it and i didn't have a chance to hear what they had to say. hopefully-- >> you would have said this stock is going up if you had a chance yesterday. >> from ruger, which is a rival and actually had a much better run in this stock and a 17% short position, so th
millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what
or government officials say entire families were washed away. more than 310,000 people have lost their homes as the typhoon struck on tuesday. >> the bay area quality management district has received a 1 million grant $1 million grant from the u.s. department of energy to help more local companies use alternative fuel for their vehicles and fleets. the gravel goes towards the california floods in wordplay alternative fuel project which aims to reduce barriers for companies and governments to use alternative fuel. such as issues with permitting. the gravel watch and february and will continue over a two-year period. a report finds a the states themselves agency needs more independent oversight and recommends a restructuring to avoid the appearance of conflict of interest. the institute of medicine says too many board members on the california institute for rich in art of medicine represent schools that receive funding. california voters in 2004 proposition 71 that form the seat i are am. as distributor about 1.3 billion in grants. california >> california is suing delta air lines over the lac
to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and >> reporter: so although the labor market is not getting worse, it's not getting a lot better, either. and there are plenty of risks that could cause businesses to cancel projects, and hiring plans. >> clearly one of the biggest risks is that we don't see a deal on the fiscal cliff, or that they drag it
be good up to almost two months. >> reporter: the syrian government claims it will not use chemical weapons. but president assad is feeling the pressure from opposition forces who have gained strength and are now moving on the capital, damascus. jeremy bowen, with our bbc partners, is there tonight and reports assad's forces are waging a fierce defense. >> throughout the day and after dark, when i'm speaking to you, there are quite steady explosions of shell fire, outgoing artillery fire, going into the suburbs around the center of the city, where i am. >> reporter: residents are caught in a worsening cross fire. >> people who came from areas that are being shelled, they are on the streets, many children, sometimes you see them crying, old people are sleeping on the ground. >> reporter: but nothing is this horrific war has gotten the attention of u.s. officials more than this chemical weapons threat. >> these reports may mean that the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction in syria. this may be the last warning we get.
to reduce government spending. >> i don't want to belabor the point on people going home but i assume an awful lot of members who have gone home are hearing from their constituents, go back and go to work and solve the problem here, rise above the partisan rancor. >> yes. >> the congress was on a holiday for thanksgiving not that long ago. let's talk though about three areas of real critical importance in this discussion. one is what would you do with respect to reducing the growth of spending in medicare? what specific steps are you willing to put on the table? >> well, let me give you something that -- it's very sensitive. but end of life is where 70% of the medicare dollars go, and yet we have a society where most people will not do a living will. i did a living will with my 90-year-old dad. it was very difficult. he died shortly after. but he told me, hey, do not keep me on life support, it costs a lot of money, plus i don't want it. if do you it, i'll come back and haunt you. but it was a good process. i see as a member of congress so many people who are estranged from their pare
one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea party says jim demint is resigning. >> leaving the senate a lot better than i found it. >> jim demint leaves some big shoes to fill. >> jim demint leaves some big shoes to fill. then again -- captioning funded by cbs en again -- >>> welcome to "cbs this morning." i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago
government bailout. going to save the federal housing administration. time for stocks as with every 15 minutes, let's had before the new york stock exchange, nicole petallides standing by. down 13. nicole: this is one of those markets with a lot of anticipation. every focuses on the fiscal cliff. tomorrow is the all-important jobs report for a lot of folks have been hearing more economic news which has been more dismal lately. talk about more layoffs they have seen in november. right now the market is not too far off the unchanged line. the acidity holding 1400. the tech of the nasdaq still below 3000. today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. apple $700, 705 in september traded as low as 518 today. certainly has been under significant pressure, however people use that as a buying opportunity which is evidenced in the two-day chart. with the fiscal cliff fast approaching, naturally it's about time lawmakers took a long recess. >> they're gone today, but will be back tuesday. it meets with small businesses in
herself after the break. we'll be with us. ♪ >> playing peace on earth, as we read government cannot make man richer, but it can make man poorer. [ male announcer ] at scottrade, you won't just find us online, you'll ao find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a ry nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare compan
are dysfunctional and cannot govern, et cetera, et cetera. in terms of dealing with the policy problem, which is you have this massive and growing debt, you have to bring in more revenues. there's multiple ways to do it, but critical ways to raise rates on the top end. it was what the election was about. republicans want to play the game where they think they get something. at the end of the day they lose worse if we go over the cliff. >> that's an interesting insight because you have alan simpson on the "today" show asked dp one side is a winner or loser off the cliff. here's what he had to say, chris. >> when you have leaders from the administration saying i think it's to the advantage of the democrats to go off the cliff or i think it's an advantage of the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. >> chris? >> well, listen, you know, i'm not saying it's necessarily the best policy course. i wish people could sit down and negotiate this, but at the end of the day think about it from the president's pe
gratefulness, even if we think the government may be profligate with our money. enough already! i want others to do well too. so don't get the idea -- i'm not against the next guy doing better. the idea is that the small business person that everyone claims to be looking out for and the middle class people everyone pledges to, they do need a chance. but here's what the polls are missing, we are seeing rumblings if washington would stop intruding and go away and agree to a sacrifice. i know some are saying the president's taking a hard line. and i was none too happy with the press conference. if democrats don't get their way, i was preplexed by the rhetoric. as perplexed as grover norquist, the unelected head of the republican party can insist that voting for any tax increase after pledging to his organization not to vote for a tax increase is a death sentence for your political career. listen up, washington, we get a deal, any deal at this point we could have an economic boom that would make the benefits of even a bad deal done far outweigh the cost small business to the middle class, subchap
Search Results 0 to 49 of about 85 (some duplicates have been removed)